Today the White House released its budget proposal for FY18 titled, America First, A Budget Blueprint to Make America Great Again.
As was expected, many of the recommendations by the Heritage Foundation and the Republican Study Committee were included.
The White House proposal prioritizes national security and public safety to the tune of $54B. However, this delivers a blow to non-defense federal programs.
President Trump's first budget proposal calls for elimination of the following programs:
- Economic Development Administration
- Minority Business Development Agency
- Appalachian Regional Commission
- Delta Regional Authority
- Denali Commission
- Community Development Block Grant Program
- National Endowment for the Arts
- Northern Border Regional Commission
- TIGER Discretionary Grant Program
- Community Development Financial Institution
Plus, cut funding for the Manufacturing Extension Program and the Rural Business Cooperative Service at USDA.
Interestingly enough, all of these programs are economic development programs.
It is a contradiction to tout how many American jobs will be created under a new administration while simultaneously advocating the elimination of federally-funded programs that assist businesses and communities remain vibrant and competitive.
As with most economic policy, we should watch closely and communicate the importance of these programs when necessary as they help keep our economy strong, stable and growing.
I also thought it interesting that several big city mayors were disappointed with the budget proposal.